Chase U.K.’s Decision to Block Crypto Payments: Combating Fraud and Scams in the Digital Currency Space
Ritesh Agarwal Says OYO To Turn Profitable In Q2FY24 Ishaan Negi·September 27, 2023Hold on to your hats because change is in the air in the hospitality industry! The parent business...BusinessMarketsNewsStartupsTrendingWorld·0 Comments·0
10 most successful tech startups of the decade 2010-2020 Sneha Singh·March 28, 2023Startups are recently founded companies that are frequently modest in size and have avant-garde concepts or goods. Entrepreneurs...Trending·0 Comments·0
Sebi returns OYO’s draft IPO papers; asks to refile with updates Sumbul Farid·January 3, 2023SEBI, the capital markets regulator of India has ordered Oravel Stays Ltd, the parent company of travel-tech firm OYO,...BusinessIndia NewsNewsTrending·0 Comments·0
OYO to cut 10% employee base, to let go 600 from tech and hire 250 in sales Aditi Bali·December 4, 2022According to recent reports, OYO has made an announcement regarding cutting 600 jobs in the technology and verticle...News·0 Comments·0
IPO-bound OYO’s EBITDA rises 8 times despite net loss of 333 crore rupees Aditi Bali·November 28, 2022According to recent reports, OYO’s adjusted EBITDA for Q2 grew eight times from ₹7 crores in Q1 to...NewsPopularTrendingWorld·0 Comments·0
MakeMyTrip, Oyo fined by the CCI for anti-competitive behaviour The online hotel booking giants have been called for their regulations which tend to suppress economic competition. Sumbul Farid·October 20, 2022On Wednesday, October 19, the Competition Commission of India (CCI) reported that it had penalised the online travel...BusinessIndia NewsMarketsTrending·0 Comments·0
OYO IPO Valuation Falls In Private Market After SoftBank’s Reported Markdown Aditi Bali·October 6, 2022According to the latest reports, OYO’s IPO valuation has gone down by USD 6.5 billion. Approximately 12.3 lakhs...BusinessNewsPopularTrendingWorld·0 Comments·0
Oyo Rooms operational revenue increases: files papers for IPO Thomas Babychan·September 19, 2022According to the latest reports, Oyo Rooms based in Gurgaon, Haryana, witnessed its operating revenue increase by 18...BusinessIndia NewsMarketsNews·0 Comments·0
Oyo Set to Retract their IPO “This isn’t the best of times for any IPO,” said Ashutosh Sharma, head of research, Forrester Research Inc. Vishvas Narayan·May 24, 2022Oyo Rooms has come out to say that the company will not be going public and will be...BusinessIndia NewsStartups·0 Comments·0
Oyo Acquires Direct Booker for Rs. 40 Crores The Croatia-based company is one of the top performing ‘Airbnb alternatives’ and runs a partner network of apartments and villas to handle bookings. Vishvas Narayan·May 10, 2022It has been a few quiet months for Oyo Rooms but now they are back in the headlines...BusinessMarketsNews·0 Comments·0